90016 Homes under $1.25 million

90016 Homes under $1.25 million

Welcome to the vibrant and diverse community of Los Angeles, California, nestled in the heart of zip code 90016! This dynamic area, rich in culture and history, offers an exciting blend of urban living and suburban charm. Known for its eclectic neighborhoods and welcoming atmosphere, 90016 is a hidden gem in Los Angeles County that caters to a variety of lifestyles.

For homebuyers seeking affordability in a bustling city, 90016 presents an enticing opportunity with homes available under $1.25 million. Whether you're a first-time buyer, a growing family, or looking to invest, this zip code boasts a range of properties that suit various needs and preferences. From charming bungalows to modern townhomes, you’ll find a diverse selection that reflects the unique character of the area.

Living in 90016 means embracing a lifestyle filled with conveniences. Residents enjoy proximity to local parks, trendy cafes, and vibrant shopping districts. The area is well-connected to public transportation, making commuting to downtown Los Angeles and beyond a breeze. Additionally, the cultural richness of the neighborhood is evident in its art galleries, music venues, and diverse dining options, providing a taste of the world right at your doorstep.

Discover the charm of 90016 and explore the possibilities of finding your dream home in this thriving community. With homes under $1.25 million, you can enjoy the best of Los Angeles living without breaking the bank. Come experience the warmth and vibrancy of this remarkable area—your new home awaits!

Newest 90016 Homes under $1.25 million

2225 Thurman Avenue, Los Angeles
$1,099,000
4 Beds ⋅ 3 Baths ⋅ 26102734 MLS ⋅ Active Status
Charming Spanish-style duplex offering the perfect blend of character, modern upgrades, and investment potential in the heart of Mid City. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this versatile property offers an exceptional opportunity.The front unit has undergone an extensive renovation, featuring updated flooring, a remodeled kitchen, refreshed laundry area, new paint, and thoughtful improvements throughout, while maintaining its original Spanish charm. Currently operating as a furnished mid-term rental generating $4,600 per month, the front unit will be delivered vacant at closing, giving the next owner the flexibility to move right in or continue its furnished rental use. The rear unit is currently tenant-occupied, providing an established rental income stream from day one and making this an attractive opportunity for both owner-occupants and investors. Adding even more value, the property features two rear garages and a spacious laundry room with potential for ADU conversion or additional development under LARD2 zoning. Ideally situated in Mid City near West Adams, Picfair Village, with convenient access to the 10 Freeway, Culver City, Santa Monica, Downtown LA, and Playa Vista. Enjoy nearby restaurants, shopping, and entertainment while benefiting from a central location that appeals to both residents and renters. A wonderful opportunity to own a character-filled, thoughtfully updated duplex with immediate income potential, owner-occupant flexibility, and room for future growth in one of Los Angeles' most connected neighborhoods.

2225 Thurman Avenue, Los Angeles

2223 Alsace Avenue, Los Angeles
$1,249,000
4 Beds ⋅ 2 Baths ⋅ 26102389 MLS ⋅ Active Status
Set beneath the canopy of a mature tree, this Spanish compound holds something rare: two complete, freestanding bungalows on one lot, both vacant. The front residence, 2223 Alsace, sets the tone for the property with a white stucco facade, terra cotta tile accents, sculptural parapet lines, and a dramatic arched picture window. Mature hedging and established plantings frame the approach, with four off-street parking spaces behind an automatic gate across the front and along the side driveway. Inside, the arched window anchors a bright living and dining room, where refreshed interiors keep the space warm and understated. Plantation shutters filter the daylight, and crown molding gives the room a tailored finish. A breakfast bar opens the kitchen to the main room, pairing butcher-block countertops with jade-green cabinetry, matte- black hardware, and a new dishwasher. Two light-filled bedrooms and a refreshed bathroom complete the home, with a dedicated laundry area and stacked washer and dryer. The space flows through the rear hallway to the courtyard outside. Between the two residences, a brick-paved courtyard unfolds beneath the shade of a mature tree. Beyond it, blooming bougainvillea frames the approach to 2225 Alsace. Set farther back from the street, the second residence has a character of its own: a light-filled living room with substantial window casings, crown molding, and woven shades. The kitchen is generously proportioned, with stainless-steel appliances, a gas range, stone countertops, abundant cabinetry, a dedicated water-filtration system, room for casual dining, and a rear door to the outdoor spaces beyond. Two bedrooms sit along a central hall, with ample closet storage and an updated bathroom finished in subway tile, patterned flooring, a dark vanity, and matte-black accents. Fresh interior paint and central HVAC round out the home. The backyard opens into a series of outdoor rooms. A slatted pergola shelters a raised, tiled lounge terrace, with an adjoining dining area and lawn for gathering, gardening, or just spending the afternoon outside. Mature plantings and towering cypress form the backdrop, and a freestanding shed adds storage. Together, the courtyard and rear garden give the two residences a separation and privacy you rarely find on a shared lot. In Mid City, the property sits moments from one of LA's most dynamic dining corridors. Start the morning with coffee at mu.s or Jurassic Magic, enjoy breakfast at Highly Likely and Vicky's All Day, then work through Cento, Picala, Alta, Chulita, and Maydan Market. Whole Foods, Trader Joe's, and Erewhon cover the everyday shopping, while Westside Neighborhood Park and Kenneth Hahn State Recreation Area offer a change of pace. The Culver Arts District, The Culver Steps, and the Metro E and K Lines connect the property to the rest of the city.

2223 Alsace Avenue, Los Angeles

2223 Alsace Avenue, Los Angeles
$1,249,000
4 Beds ⋅ 2 Baths ⋅ 26102386 MLS ⋅ Active Status
Set beneath the canopy of a mature tree, this Spanish compound holds something rare: two complete, freestanding bungalows on one lot, both vacant. The front residence, 2223 Alsace, sets the tone for the property with a white stucco facade, terra cotta tile accents, sculptural parapet lines, and a dramatic arched picture window. Mature hedging and established plantings frame the approach, with four off-street parking spaces behind an automatic gate across the front and along the side driveway. Inside, the arched window anchors a bright living and dining room, where refreshed interiors keep the space warm and understated. Plantation shutters filter the daylight, and crown molding gives the room a tailored finish. A breakfast bar opens the kitchen to the main room, pairing butcher-block countertops with jade-green cabinetry, matte-black hardware, and a new dishwasher. Two light-filled bedrooms and a refreshed bathroom complete the home, with a dedicated laundry area and stacked washer and dryer. The space flows through the rear hallway to the courtyard outside. Between the two residences, a brick-paved courtyard unfolds beneath the shade of a mature tree. Beyond it, blooming bougainvillea frames the approach to 2225 Alsace. Set farther back from the street, the second residence has a character of its own: a light-filled living room with substantial window casings, crown molding, and woven shades. The kitchen is generously proportioned, with stainless-steel appliances, a gas range, stone countertops, abundant cabinetry, a dedicated water-filtration system, room for casual dining, and a rear door to the outdoor spaces beyond. Two bedrooms sit along a central hall, with ample closet storage and an updated bathroom finished in subway tile, patterned flooring, a dark vanity, and matte-black accents. Fresh interior paint and central HVAC round out the home. The backyard opens into a series of outdoor rooms. A slatted pergola shelters a raised, tiled lounge terrace, with an adjoining dining area and lawn for gathering, gardening, or just spending the afternoon outside. Mature plantings and towering cypress form the backdrop, and a freestanding shed adds storage. Together, the courtyard and rear garden give the two residences a separation and privacy you rarely find on a shared lot. In Mid City, the property sits moments from one of LA's most dynamic dining corridors. Start the morning with coffee at mu.s or Jurassic Magic, enjoy breakfast at Highly Likely and Vicky's All Day, then work through Cento, Picala, Alta, Chulita, and Maydan Market. Whole Foods, Trader Joe's, and Erewhon cover the everyday shopping, while Westside Neighborhood Park and Kenneth Hahn State Recreation Area offer a change of pace. The Culver Arts District, The Culver Steps, and the Metro E and K Lines connect the property to the rest of the city.

2223 Alsace Avenue, Los Angeles

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

How much is your home worth?

Get instant property value now!